For a credit card that has been charged off, what would the proper way for the OC to report? Would I be out of line in the thinking that the account should be listed as CO, zero balance and closed at the issuers request? As a second part to this, when a CO has been purchased (not assigned) by JDB'er, am I out of line in thinking that the account should report as a collection, not a revolving or open account, and that the balance should be the balance of the CO'ed account purchased? I am finding various differences in opinions on this on various forums, and would like to form an opinion as how to proceed with my cleanup efforts. Many thanks for any responses.